Leggett & Platt Inc T.LEG

Primary Symbol: LEG

Consumer Cyclical

Leggett & Platt, Incorporated is a manufacturer that conceives, designs, and produces a range of engineered components and products found in many homes and automobiles. The Company’s segments include Bedding Products, Specialized Products and Furniture, Flooring & Textile Products. Bedding Products segment supplies a variety of components and machinery used by bedding manufacturers in the production and assembly of their finished products, as well as produces private label finished mattresses for bedding brands. Specialized Products segment supplies lumbar support systems, seat suspension systems, motors and actuators, and control cables used by automotive manufacturers. It also produces and distribute tubing and tube assemblies for the aerospace industry and engineered hydraulic cylinders used in the material-handling and construction industries. Furniture, Flooring & Textile Products segment supplies a range of components for residential and work furniture manufacturers.

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Leggett & Platt Inc

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Post by MBAon Nov 03, 2014 8:39pm

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Post# 23090665

Canadian Dollar down again

Only good news for oil companies (that is Canadian oil producers): $78.30 US oil is worth $$89 Canadian oil. Not near as bad for the US oil producers who are seeing a much bigger drop than Canadian oil producers.

Big time cut back in CAPEX for 2015 and production growth in the US (and Canada as well).

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Rig Count Soars as Utilization Surpasses Industry Averages